A dairy analyst says the U.S. dairy industry could see indirect impacts from the Russian/Ukrainian war.
Ben Laine with Rabobank tells Brownfield sanctions have been in place on U.S. dairy products since 2014, so exports aren’t likely to be impacted by the current conflict. But, “Feed/fertilizer is a major factor,” he says. “As we see more refugees moving into Europe, there’s potentially demand impacts.”
And he says while China’s demand for dairy has been slowing, if they become involved in sanctions related to the conflict there could be ripple effects throughout global dairy supply chains.
